World Bank What

I’ve got some world bank people reading this here blog, which is good, because there are no sacred cows here — it’s time to tear into the WB. Specifically there “Doing Business 2006” report which just came out with rankings for what countries are “best” for doing business. Immediately this begs the question — what is good business?

This because for me… the keeping the costs of HIRING and FIRING employees low is NOT a measure of success. Neither is having few tax requirements for corporations. They even have a topic “dealing with liscenses”, as if to say the laws and regulations devised by elected representatives of citizens are somehow… a nuissance. Who knew the WB had gone full-on libertarian?